Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 August 2012

Reliance

Today, 790 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 790 is crucial for short term. Positional Traders, trade long above 790 for a target of 800. Trade short below 790 for a target of 770.

SBI

Today, 1840 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1840 is crucial for short term. Positional Traders, trade long above 1840, for a target of 1860. Trade short below 1840 for a target of 1780.

Axis Bank

Today, 1030 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1030 is crucial for short term. Positional Traders, trade long above 1030 for a target of 1045. Trade short below 1030 for a target of 970.

Icici Bank

Today, 925 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 925 is crucial for short term. Positional Traders, trade long above 925 for a target of 940. Trade short below 925 for a target of 885.

Tata Steel

Today, 370 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 370 is crucial for short term. Positional Traders, trade long above  370 for a target of 380. Trade short below 370 for a target of 360.